Datadog, Inc. (NASDAQ:DDOG) Receives Average Rating of “Moderate Buy” from Analysts

Datadog, Inc. (NASDAQ:DDOG) has earned an average recommendation of “Moderate Buy” from the thirty-one research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and twenty-five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $156.6897.

Several analysts have recently issued reports on the stock. Wolfe Research raised shares of Datadog from a “peer perform” rating to an “outperform” rating and set a $150.00 price target on the stock in a research report on Thursday, June 12th. Scotiabank reaffirmed an “outperform” rating on shares of Datadog in a research note on Friday, August 8th. Bank of America boosted their price objective on shares of Datadog from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Datadog in a research note on Saturday, September 27th. Finally, DA Davidson boosted their price objective on shares of Datadog from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Friday.

Insider Activity at Datadog

In other Datadog news, Director Matthew Jacobson sold 575,863 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $126.96, for a total value of $73,111,566.48. Following the completion of the transaction, the director owned 219,831 shares of the company’s stock, valued at $27,909,743.76. The trade was a 72.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amit Agarwal sold 45,444 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $150.08, for a total transaction of $6,820,235.52. Following the completion of the transaction, the director directly owned 1,640 shares of the company’s stock, valued at approximately $246,131.20. This represents a 96.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,384,618 shares of company stock valued at $183,444,843. Corporate insiders own 8.70% of the company’s stock.

Hedge Funds Weigh In On Datadog

A number of hedge funds and other institutional investors have recently modified their holdings of DDOG. Brighton Jones LLC purchased a new position in shares of Datadog in the 4th quarter worth about $209,000. Bison Wealth LLC purchased a new stake in shares of Datadog in the 4th quarter valued at $228,000. GTS Securities LLC boosted its stake in shares of Datadog by 12.6% in the 4th quarter. GTS Securities LLC now owns 1,598 shares of the company’s stock valued at $228,000 after purchasing an additional 179 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Datadog by 32.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,506 shares of the company’s stock valued at $2,216,000 after purchasing an additional 3,760 shares in the last quarter. Finally, 111 Capital purchased a new stake in shares of Datadog in the 4th quarter valued at $494,000. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Datadog Stock Performance

NASDAQ DDOG opened at $151.82 on Friday. The company’s 50 day moving average is $136.59 and its 200-day moving average is $123.39. Datadog has a 12-month low of $81.63 and a 12-month high of $170.08. The company has a quick ratio of 3.43, a current ratio of 3.43 and a debt-to-equity ratio of 0.31. The firm has a market cap of $52.95 billion, a P/E ratio of 433.78, a price-to-earnings-growth ratio of 59.30 and a beta of 1.21.

Datadog (NASDAQ:DDOG) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.05. Datadog had a net margin of 4.13% and a return on equity of 5.04%. The company had revenue of $826.76 million for the quarter, compared to analyst estimates of $791.72 million. During the same quarter in the previous year, the firm posted $0.43 earnings per share. The company’s quarterly revenue was up 28.1% compared to the same quarter last year. Datadog has set its Q3 2025 guidance at 0.440-0.460 EPS. FY 2025 guidance at 1.800-1.830 EPS. Sell-side analysts predict that Datadog will post 0.34 earnings per share for the current year.

Datadog Company Profile

Datadog, Inc operates an observability and security platform for cloud applications in North America and internationally. The company's products comprise infrastructure and application performance monitoring, log management, digital experience monitoring, continuous profiler, database monitoring, data streams and universal service monitoring, network monitoring, incident management, workflow automation, observability pipelines, cloud cost and cloud security management, application security management, cloud SIEM, sensitive data scanner, and CI visibility.